This tutorial applies to the EA ‘Multisymbol EA’ for MT5 whose product web page is accessible by clicking on the picture beneath:
This EA makes use of methods which have labored properly since 2020 on the next symbols:
GBPUSD EURJPY AUDJPY CADCHF GBPNZD NZDUSD GBPCHF
The Multisymbol EA is predicated on value motion, indicators (shifting averages, RSI, MACD and others) and at all times follows the pattern, avoiding market noise. It additionally performs a whole orders administration based mostly on market actions. Lastly, for every image, when an open order is worthwhile, a brand new order for a similar image will be opened (in keeping with the person’s selection).
Under is the backtest of this EA with default settings (mounted heaps) from 01/01/2025:
Necessities:
- Dealer: any (works appropriately with all brokers)
- Leverage: any (the % threat per order is revered whatever the leverage)
- Pace of execution: any (this technique isn’t affected by a sluggish server)
- Maximal unfold: as at all times, the decrease the spreads, the higher
Please notice:
- The Timeframe of the chart doesn’t matter, the EA will take the orders whatever the Timeframe.
- No must open 1 chart/image: the EA will place orders on the 7 symbols whatever the chart image.
- As it’s a multisymbol EA, It’s essential to respect the next circumstances to do backtests:
- GBPUSD, AUDUSD, EURJPY, CADCHF, GBPNZD, NZDUSD and GBPCHF should be current within the Market Watch of MT5 (no orders shall be opened on absent symbols).
- Within the ‘Image’ record of the ‘Settings’ tab, choose ‘GBPUSD’, ‘EURJPY’, ‘AUDJPY’, ‘CADCHF’, ‘GBPNZD’, ‘NZDUSD’ or ‘GBPCHF‘.
Detailed options are described on the product web page. Under is the record of EA settings with explanations.
-====Basic settings====-
Dealer prefix (if obligatory): just for brokers who use prefixes. For instance, kind m for mEURUSD
Dealer suffix (if obligatory): just for brokers who use prefixes. For instance, kind m for EURUSDm
Use Timer: outline buying and selling days and hours
Orders will solely be opened on buying and selling days. Nevertheless, orders will be closed/modified even exterior of the established time if at the least one of many following parameters is enabled:
– ‘Max % misplaced/day’ ;
– ‘Max % win/day’ ;
– ‘Shut orders earlier than weekend’.
Monday: alerts & buying and selling on Mondays
Tuesday: alerts & buying and selling on Tuesdays
Wednesday: alerts & buying and selling on Wednesdays
Thursday: alerts & buying and selling on Thursdays
Friday: alerts & buying and selling on Fridays
Saturday (crypto): alerts & buying and selling on Saturday (typically for crypto buying and selling)
Sunday (crypto): alerts & buying and selling on Sunday (typically for crypto buying and selling)
Begin time: begin of the session
Finish time: finish of the session
Buying and selling alerts: terminal and/or smartphone notifs
-====Buying and selling settings====-
Magic quantity: should be distinctive if different EA are operating
‘Max open orders’, ‘Max % misplaced/day’ and ‘Max % win/day’ are calculated from the magic quantity. For instance, when you’ve got 3 EAs with the identical magic quantity, the entire variety of orders opened would be the sum of the orders opened in these 3 EAs.
Enable extra orders: opens extra orders when an order is worthwhile
Relying on the image for which the order is worthwhile, as much as 3 extra orders for a similar image will be opened. It’s higher to have smaller heaps for added orders than for major orders (see heaps settings beneath).
Max simultaneous orders: max variety of orders opened concurrently (if 0, no max)
Max % misplaced/day: if max worth is reached, the EA open orders are closed and no different order is opened till the following day (if 0, no max)
The calculation is predicated on account steadiness + open orders advantages. To be able to velocity up the backtests, the calculation is finished each hour throughout backtests, as an alternative of each minute for an actual buying and selling session.
Max % win/day: if max worth is reached, the EA open orders are closed and no different order is opened till the following day (if 0, no max)
Identical comment than for ‘Max % win/day’.
Shut orders earlier than weekend: shut all EA orders on Friday
Closing time earlier than weekend: if ‘Shut orders earlier than weekend’ is ‘true’
Use cash administration: if ‘true’, lot measurement in % steadiness
Fastened heaps measurement: lot measurement per order (if ‘Use cash administration’ is ‘false’)
Fastened heaps measurement (additionnal orders): lot measurement per additionnal order (if ‘Use cash administration’ is ‘false’)
It’s higher to have smaller heaps than for major orders.
Lot measurement in %: % steadiness per order (if ‘Use cash administration’ is ‘true’)
Lot measurement in % (additionnal orders): % steadiness per additionnal order (if ‘Use cash administration’ is ‘true’)
It’s higher to have smaller heaps than for major orders.
